Sponsored Content
Austria International Political News | International | EU | Domestic
Read the latest headlines about developments in Austrian politics with reference to the international interest
Slovenia Expects Economic Recovery As Soon As 2014
On Saturday, the Slovenian Finance Ministry expressed its confidence that the newly adopted action plan would help stabilize public finances and help gain economic recovery despite of Fitch’s downgrade.
June 24, 2013
Turkey: Prospects of EU Accession Talks Brighten
Turkey’s prospects of the continuing of the EU Accession negotiations have brightened. During a meeting in Luxembourg several foreign ministers took a much more moderate tone.
June 24, 2013
Russia: Putin Changes Personnel at Ministry of Economics
In the light of the menancing recession, Russian president Vladimir Putin has reorganized the leaders of economic policy-makers.
June 24, 2013
Zeman Favors Government of Experts
After Prime Minister Petr Necas‘ resignation, President Milos Zeman prefers the induction of a government of experts.
June 24, 2013
Alpine to Be Shut Down
Bankrupt-gone construction company Alpine is facing a breaking down. After negotiations about establishing a rescue company failed, the enterprise will apply for a shutdown.
June 24, 2013
Mitterlehner: „4,000 New Austrian Exporters Within Two Years“
Internationalization Offensive (IO) “go international” will be prologued until 2015. Economy Minister Mitterlehner and head of the Chamber of Commerce (WKO) Leitl present their main targets for Austrian export.
June 21, 2013
Russia to Improve Relations to China
Russia turns its back on Europe and starts focusing on Asia instead in regard to oil export.
June 21, 2013
Slovenia’s Economic Outlook to Deteriorate Further
The Institute for Macroeconomic Analysis and Development expects GDP in Slovenia to shrink more than projected earlier.
June 21, 2013
EVN Arbitration Proceedings Against Bulgaria to Start
EVN AG commences investment treaty arbitration against the Republic of Bulgaria.
June 21, 2013
Alpine-Insolvency: 80 Companies Affected
After an analysis by credit protection association Kreditschutzverband 1870 (KSV1870), the majority of around 1,400 suppliers and subcontractors is not affected by the construction company’s bankruptcy.
June 21, 2013
Czech Republic: Zeman’s Turn to Announce New PM
After Czech ruling party ODS has nominated Miroslava Nemcova, Chairwoman of the Chamber of Deputies, as candidate for the ministerial office, it is now President Milos Zeman’s turn to appoint the head of government.
June 21, 2013
Austria: Investigations on Loan to Alpine
Apparently ailing bank Hypo Group plays a role in the bankruptcy of Austrian construction company Alpine. The bank is supposed to have granted a bridge loan.
June 21, 2013
Green Light for Latvia’s Euro Accession
The Eurogroup gave green light for the admission of Lativa to the common European currency.
June 21, 2013
Bulgaria: Protest Against Government Continue
The prostest against the Bulgarian government have been going on for days.
June 21, 2013
No Further EU Accession Talks with Turkey
The European Union is obviously going to blow the planned accession negotiation with Turkey next Wednesday because of the recent escalations of violence in the capital Ankara.
June 20, 2013
Austria: Reduction in Working Hours at ÖBB
So far, the trade association of railways at the Austrian Chamber of Commerce (WKO) has rejected the reduction of working hours at the Austrian Railways (ÖBB).
June 20, 2013
AUA „Makes Good Progress“
Chairman of Lufthansa Christoph Franz is confident that the Austrian affiliate Austrian Airways (AUA) will be able to make the turnaround in time.
June 20, 2013
Eder Appeals for Reindustrialization in Europe
In an interview with Austrian daily „Kurier“, Wolfgang Eder, CEO of Austrian steel producer voestalpine talks about the future of the European steel industry and the differences to the US energy policy.
June 20, 2013
Hypo: Deal with Russian Oligarch with “Proper Mortgage”
The investigations into money laundering at the Federal Criminal Office concerning the business with Russian oligarch Vladimir Antonov were brought to an end without any results. There were no arms among the securities.
June 20, 2013
Alpine: Thousands of Jobs At Risk
Alpine’s Insolvency could cost thousands of people’s jobs. According to Social Minister Rudolf Hundstorfer, the Social Ministry would utilize all means to prevent a worst-case scenario. Alpine's affiliate in Germany is filing for bankruptcy as well.
June 20, 2013
Czech Republic: Nemcova Nominated As Prime Minister
Petr Necas’ handed in his resignation on Monday after a bribery scandal.
June 19, 2013
Austria: Raids by EU Commission at ÖBB
The Austrian Railways is alleged of having agreed to fixed prices with other companies. House searches were carried out.
June 19, 2013
Polish Road Authority As Tardy Payer
Prime Minister Tusk seems unimpressed about ambassadors from six countries filing a complaint.
June 19, 2013
Hypo Group: Business With Russian Oligarch
Austrian magazine „News“ unveils a remarkable business connection of Hypo Group from 2008.
June 19, 2013
Spindelegger: "Clear Signal for Serbia and Kosovo Expected from EU Summit at End of June"
Austrian Vice-Chancellor with Prime Ministers of Serbia and Kosovo at the Europaforum Wachau conference; clear commitment for EU expansion in the Balkans
June 19, 2013
Cyprus Demands Further Capital Aid
In a letter to the European Union, President of Cyprus Nikos Anastasiades demands further capital support for the Bank of Cyprus, the “Wallstreet Journal” reports. According to him, Cyprus’ economy depended on it.
June 19, 2013
Russia Pays Off Debt to Serbia and Slovakia
On Tuesday, the Russian Finance Ministry announced that the country has paid off a $ 2bn debt remaining from the Soviet era to Serbia and Slovakia.
June 19, 2013
Alpine Facing Bankruptcy
The restructuring of Austria’s second biggest construction company Alpine has failed. The enterprise therefore has to face bankruptcy.
June 19, 2013
Hungary: Taxes to Be Raised
Shortly before the parliamentary summer recess taxes were raised by the government of Viktor Orban.
June 18, 2013
Croatia’s EU Accession as a Chance For Austria
Soon, there are more than 1,000 Austrian businesses operating in Croatia and the volume of trade is supposed to increase.
June 18, 2013
Lopatka: "EU Enlargement is a Driver for Reforms and Rule Of Law"
State Secretary Lopatka on DARUM EUROPA information tour.
June 18, 2013
Poland: Deputy Transport Minister Dismissed
Former Deputy Transport Minister alleged of corruption. Austrian construction company Alpine involved.
June 18, 2013
Croatia: Agrokor Becomes Biggest Retailer in SEE
After the take-over of Slovenian chain of retail stores Mercator, Croatian corporation Agrokor employs 60,000 persons in the region of former Yugoslavia.
June 18, 2013
Bulgaria: Eight People Injured During Protests in Sofia
Thousands of Bulgarian citizens walked the streets of Bulgaria’s capital Sofia for the fourth day in a row to demonstrate for Prime Minister Plamen Oresharski’s resignation.
June 18, 2013
Bankruptcy Case Mayr-Melnhof in Switzerland
In Domat/Ems, Switzerland’s biggest sawmill was supposed to be operated. The only thing left now, however, is a financial hole running in the millions. Erste Group is concerned by losses as well.
June 17, 2013
Austria: „Death Blow for Economy“
The Austrian Economic Association (Wirtschaftsbund) announced that the realization of all demands in the Austrian Trade Unions’ (ÖGB) leading proposal would come at € 21.9bn. The Austrian economy would be burdened with € 14bn.
June 17, 2013
Protests in Bulgaria
Almost two weeks after the assumption of office of the new Bulgarian government, demonstrators have once more demanded the resignation of the predominantly socialist cabinet.
June 17, 2013
Slovakia and Unicredit in a Dispute
In Slovakia a dispute between Unicredit and the state has incensed. This could negatively affect the planned merger with a Czech affiliate in 2014.
June 17, 2013
V4 Want Free Trade Zone Between EU and Japan
The Visegrad Four Group (V4), which consists of Poland, the Czech Republic, Slovakia and Hungary, support the creation of a free trade zone between the European Union and Japan.
June 17, 2013
Czech Republic: Necas Steps Back
Czech Prime Minister Petr Necas draws the conclusion from his corruption scandal and announced to step back.
June 17, 2013
Turkey: Protests About to Escalate
Further unrests after forceful clearing of Gezi Park.
June 17, 2013
Strabag: Haselsteiner to Leave as CEO
Russia will not surpass Germany as the most important market, the outgoing CEO explains. He expresses his disappointment in the market.
June 14, 2013
Czech Republic In Turmoil Over Corruption Scandal
The Czech Republic’s political landscape is in turmoil due to the scandal. The investigations have begun on Thurday with country-wide raids. More and more bizarre details seem to appear.
June 14, 2013
Turkey: Erdogan Gives In
In the dispute about Gezi Park in Istanbul, which has led to weeks of protests and even violence, the Turkish government leadership now wants to give in.
June 14, 2013
Slovenia: Mercator to be Finally Sold
It is the ninth sale attempt for Slovenian trade chain Mercator today, but it could be finally sealed. Croatian corporation Agrokor is the interested party. A dozen owners will decide about the retail chain’s fate.
June 14, 2013
World Bank: EU11 Countries Remain Attractive for Foreign Investors
Despite the slow recovery of economic activity, EU11 countries nonetheless remained attractive for foreign investors.
June 14, 2013
Changes at EVN: Reduction of the Board
The Supervisory Board of EVN AG has decided in its meeting on June 12th, not to fill the vacant position due to the retirement of the Member of the Board Herbert Pöttschacher.
June 13, 2013
Dispute About Tender for Orient Express
The Orient Express once led through Romania. These days, this section is cause for legal disputes in connection with the tender in the amount of € 330m.
June 13, 2013
Bulgaria: Sofia One Of Best European Destination for Manufacturing
The Bulgarian capital Sofia was labeled as one of the best destinations for opening a manufacturing plant in Europe.
June 13, 2013
Poland: PKO BP to Acquire Polish Assets of Nordea
Bank PKO BP strikes deal to buy Nordea's Polish assets.
June 13, 2013
Fast News Search
This category only
